C3is Inc.(CISS)Earnings, Financials & Key Ratios
CISS•NASDAQ
$1.68
0.1× P/E·Price updated Jun 27, 2026
AboutC3is Inc. provides international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers, and traders. The company owns and operates a fleet of two handysize drybulk carriers which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers. C3is Inc. was incorporated in 2022 and is headquartered in Majuro, Marshall Islands.Show more
- Revenue$35M-17.8%
- EBITDA$8M-51.6%
- Net Income$10M+481.1%
- EPS (Diluted)27.84+100.8%
- Gross Margin12.76%-60.4%
- EBITDA Margin22.63%-41.1%
- Operating Margin3.93%-83.5%
- Net Margin30.13%+563.7%
- ROE12.58%+390.5%
CISS Price & Volume
C3is Inc. (CISS) stock price & volume — 10-year historical chart
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Volatile Spot Market Exposure Masks Dilution Risks
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Strained
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:Persistent equity dilution risk
"C3is Inc. operates a debt-free marine shipping model that remains highly susceptible to spot-market volatility, as evidenced by gross margins swinging between -56.9% and 53.5% over the last ten quarters. While the company maintains a clean balance sheet with only $7.9K in total debt as of 2026Q1, its reliance on equity-linked financing to fund operations creates persistent dilution risks for shareholders. Investors should monitor whether the company can transition toward sustainable, non-dilutive earnings growth, given that net income is frequently distorted by non-operating items rather than core shipping performance."
Verdict Logic
the company's history of extreme earnings volatility and reliance on equity dilution, evidenced by erratic EPS figures and a P/S ratio of 0.02, suggests that shareholder value remains secondary to capital structure adjustments.
CISS Growth Metrics
C3is Inc. (CISS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years119.48%
TTM-1.35%
Profit CAGR
10 Years-
5 Years-
3 Years166.78%
TTM316.59%
EPS CAGR
10 Years-
5 Years-
3 Years-90.89%
TTM81.54%
Return on Capital
10 Years12.92%
5 Years12.92%
3 Years12.76%
Last Year1.54%
CISS Recent Earnings
C3is Inc. (CISS) EPS & revenue vs analyst estimates — last 4 quarters
Q2 2026Latest
May 18, 2026Metric
Actual
Est
EPS
$5.24
—
Rev
$12M
—
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$34.03
—
Rev
$11M
—
Q4 2025
Nov 18, 2025Metric
Actual
Est
EPS
$11.60
—
Rev
$5M
—
Q4 2025
Sep 2, 2025Metric
Actual
Est
EPS
$10.20
—
Rev
$11M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 18, 2026 | $5.24 | $12M |
| Q1 2026 | Feb 19, 2026 | $34.03 | $11M |
| Q4 2025 | Nov 18, 2025 | $11.60 | $5M |
| Q4 2025 | Sep 2, 2025 | $10.20 | $11M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for C3is Inc. (CISS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.68 | $584.59K | 0.06 | -17.83% | 30.13% | 12.58% | 100% | |
| $24.40 | $2.78B | 33.42 | -17.62% | 13.01% | 5.87% | — | |
| $6.39 | $650.67M | 21.30 | -10.37% | 13.99% | 4.68% | — | |
| $14.16 | $298.98M | 14.02 | -5.59% | 9.74% | 5.63% | — | |
| $0.83 | $3.83M | 1.24 | -6.63% | 5.6% | 6.25% | — | |
| $2.87 | $61.94M | -33.96 | 26.77% | 1.72% | 0.47% | — |
Compare CISS vs Peers
C3is Inc. (CISS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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CISS Frequently Asked Questions
C3is Inc. (CISS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is C3is Inc.'s revenue?
C3is Inc. (CISS) reported $37.7M in revenue for fiscal year 2025. This represents a 500% increase from $6.3M in 2021.
How fast is C3is Inc. growing?
C3is Inc. (CISS) saw revenue decline by 17.8% over the past year.
Is CISS profitable?
Yes, C3is Inc. (CISS) is profitable, generating $5.8M in net income for fiscal year 2025 (30.1% net margin).
Dividend & Returns
Does CISS pay dividends?
Yes, C3is Inc. (CISS) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.
What is CISS's return on equity?
C3is Inc. (CISS) has a return on equity (ROE) of 12.6%. This is reasonable for most industries.
What is C3is Inc.'s free cash flow?
C3is Inc. (CISS) generated $9.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.